BUSINESS Term Loans
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What Is a Business Term Loan?
These loans serve as a resource for businesses seeking a structured infusion of capital to achieve their goals. With terms tailored to suit your specific needs, Our Business Term Loans provide the flexibility to fund expansion, equipment purchases, or any other strategic initiative your business desires. Whether you’re a small business looking to scale or a business looking for capital, these loans are designed to boost your financial strength to support your aspirations, enabling you to secure the resources necessary for sustainable growth and success.
What Do You Need to Qualify?
Time In Business
Minimum 12 months
Projected annual revenue $400,000+
Minimum credit score of 550
Business Term Loans
A Business Term Loan is a fixed-sum loan with a specified repayment term. It can benefit your business by providing access to a lump sum of capital that can be used for various purposes, such as expansion, equipment purchase, or working capital. It offers predictable monthly payments, making it easier to manage your finances.
We offer a range of loan terms to suit your business’s needs, typically ranging from one to four years. Repayment options are flexible, including weekly, bi-weekly, monthly installments. Our dedicated team can work with you to customize a term and repayment plan that aligns with your cash flow.
Eligibility for our Business Term Loans is based on factors like your business’s financial health, creditworthiness, and repayment ability. While we consider credit history, it’s not the sole determining factor, and we have flexible eligibility criteria.
No. Our flexible platform is designed to reward you if you do plan to pay off your term loan early.
There are no restrictions on how you can use the funds from a Business Term Loan. You can use the capital to support various aspects of your business, such as expanding operations, purchasing equipment, hiring staff, or managing working capital.